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MEDIA
• Sumner Redstone, the octogenarian CEO of CBS and Viacom, is trying to play all lovey-dovey with his spurned daughter Shari, but the succession to the $50 billion empire is nowhere near resolved. [LAT]
• With more than a 1,000 job cuts at Time Inc. behind her, Ann Moore, the CEO who rose from the back room to the boardroom, thinks there's still plenty of fat to cut — she asked some McKinsey consultants to keep sharpening their knives. [NYP]
• ABC News has done gangbusters over the last year, leading nightly news and finally catching up in the morning, so why did their Disney overlords decide to shuffle management at the top? [NYP]